Many Americans want to stop working at 60 and live to 100. Can they afford it? [CBS News]
Corebridge Financial Inc. (CRBG)
Company Research
Source: CBS News
At the same time, most workers say they want to live until they're 100. That means some workers are eyeballing a four-decade retirement, an ambitious goal that comes with serious downsides. Among them: How to fund almost 40 years of retirement at a time when most workers are far from reaching their savings goals. The findings, from a recent survey from financial services firm Corebridge Financial, underscore the gap between Americans' lofty dreams for their golden years versus their financial realities. The median retirement savings balance for people who are between 55 to 64 — just years from potentially stepping back from work — is $185,000, according to NerdWallet. "100 is a very long and fulfilling life, and that's pretty optimistic and great to see," Bryan Pinsky, president of individual retirement at Corebridge Financial, told CBS MoneyWatch. "That optimism and hope does come with a little bit of tension — only 27% are very or extremely confident that they won't outlive th
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News
- Gen Z Beginning Financial Planning Earlier Than Previous Generations [Yahoo! Finance]Yahoo! Finance
- Gen Z Beginning Financial Planning Earlier Than Previous GenerationsBusiness Wire
- Corebridge Financial, Inc. (NYSE: CRBG) had its price target raised by analysts at Morgan Stanley from $26.00 to $28.00. They now have an "equal weight" rating on the stock.MarketBeat
- Corebridge Financial, Inc. (NYSE: CRBG) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $32.00 price target on the stock.MarketBeat
- Corebridge Financial, Inc. (NYSE: CRBG) had its price target raised by analysts at Evercore ISI from $30.00 to $32.00. They now have an "outperform" rating on the stock.MarketBeat
CRBG
Earnings
- 2/15/24 - Beat
CRBG
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- CRBG's page on the SEC website